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Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $6.87 Million Public Offering of Common Stock of Twin Vee PowerCats Co.

Press Release – New York, NY – October 3, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC in the public offering of the common stock of Twin Vee PowerCats Co. (NASDAQ: VEEE), a manufacturer, distributor, and marketer of power sport catamaran boats. The offering consisted of 2,500,000 shares of its common stock at a public offering price of $2.75 per share, for gross proceeds of $6,875,000. The Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 shares of common stock to cover over-allotments.

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Jay Yamamoto, Jeff Cahlon, and associate Mayank Pradhan.

Sichenzia Ross Ference LLP Represents Laidlaw & Company (UK) Ltd. in $5.75 Million Public Offering and Nasdaq Uplisting of Silo Pharma, Inc.

Press Release – New York, NY – October 3, 2020 – Sichenzia Ross Ference LLP announced today that it represented Laidlaw & Company (UK) Ltd. in the $5.75 million initial public offering and Nasdaq uplisting of Silo Pharma, Inc. (Nasdaq: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research.  1,150,000 shares of common stock, which included the full exercise of the underwriters’ over-allotment option, were sold to the public at a price of $5.00 per share.  Silo Pharma’s common stock began trading on the Nasdaq Capital Market under the ticker symbol “SILO” on September 27, 2022.

Laidlaw & Company (UK) Ltd. acted as the sole book-running manager for the offering.  The Benchmark Company, LLC acted as the co-manager for the offering. 

The Sichenzia Ross Ference LLP team was led by partners Michael Ference and Barrett DiPaolo and associates Matt Siracusa and Kayla Scoccola.

Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $3.1 Million Underwritten Public Offering  

Splash Beverage Acquisition

Press Release – New York, NY – September 28, 2022 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in an underwritten public offering. The offering consisted of 2,000,000 shares of common stock at a price to the public of $1.55 per share.  The gross proceeds of the offering to the company were approximately $3.1 million.

EF Hutton, division of Benchmark Investments, LLC, acted as the sole book-running manager for the offering.

The shares were issued pursuant to a Form S-3 registration statement.  The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio, David B. Manno, and associates Michael Blane and Joseph Nunziata

Sichenzia Ross Ference LLP Represents ShiftPixy, Inc. in a $5 Million Private Placement 

shiftpixy logo

Press Release – New York, NY – September 26, 2022 – Nationally recognized securities and corporate law firm Sichenzia Ross Ference LLP announced today that it has represented ShiftPixy, Inc. (NASDAQ “PIXY”) , a national staffing enterprise, in a $5 Million Private Placement of common stock and warrants.

ShiftPixy sold 416,667 shares of its common stock together with warrants to purchase up to 833,334 shares of common stock. Each share of common stock and two accompanying warrants were sold together at a combined price of $12.00. The warrants have an exercise price of $12.00 per share, and are exercisable immediately, expiring seven years from the date of issuance. 

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia and Jeff Cahlon.

Founding Partner Gregory Sichenzia Discusses Reverse Mergers with Law360

Press Release – New York, NY – September 19, 2022 – Sichenzia Ross Ference LLP founding partner Gregory Sichenzia recently spoke with Tom Zanki of Law360 to discuss the growing prominence of reverse mergers as the SPAC market cools off. The article, which can be read on the Law360 website here, includes the following context and quotes from Sichenzia:

Many SPAC mergers are still getting done despite the choppy environment, but several deals have also collapsed in final stages as parties were unable to finalize terms. Sichenzia Ross Ference LLP partner Greg Sichenzia said he’s spoken to a technology company that was courted for a SPAC merger that didn’t pan out and is now considering a reverse merger with a Nasdaq-listed entity.

Sichenzia said reverse mergers could be viewed as more of a “straight-up negotiation” between the acquirer and target. SPAC mergers require the consent of multiple parties, including a sponsor that is negotiating for a slice of the target company’s equity, plus various groups of shareholders whose backing is needed. “It’s a much easier negotiation; there’s less moving parts,” Sichenzia said of reverse mergers.

Sichenzia Ross Ference LLP Represents Laidlaw & Company (UK) Ltd. in $2.3 Million Registered Direct Offering of Common Stock and Concurrent Private Placement of Warrants of Amesite Inc.

amesite logo

Press Release – New York, NY – September 1, 2022 – Sichenzia Ross Ference LLP announced today that it represented Laidlaw & Company (UK) Ltd. as sole placement agent for Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, in a registered direct offering of 4,181,821 shares of common stock, and a concurrent private placement of warrants to purchase 4,181,821 shares of common stock, at a combined purchase price of $0.55. The gross proceeds to Amesite from this offering were approximately $2.3 million, before deducting placement agent fees and other offering expenses.

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Sichenzia Ross Ference LLP Represents Mobilicom Limited in $13.3 Million Initial Public Offering and NASDAQ Listing

Mobilicom Limited

Press Release – New York, NY – August 29, 2022 – Sichenzia Ross Ference LLP announced today that it represented Mobilicom Limited (NASDAQ: MOB and MOBBW), an Australian company based in Israel, in its initial public offering and NASDAQ listing. Mobilicom is a provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. Its initial public offering consisted of 3,220,338 units, including 362,338 units sold upon full exercise of the underwriter’s option. Each unit was sold at a price of $4.13 and consisted of one American Depository Share (“ADS”) and one warrant to purchase an additional ADS at an exercise price of $5.00. Mobilicom’s ordinary shares are also traded on the Australian stock exchange under the symbol MOB.AX. The gross proceeds from the offering were approximately $13.3 million, before deducting underwriting discounts and offering expenses.  

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In Memorium of Robert M. Birnbaum

It is with a heavy heart and profound sadness that we share that our partner and friend Robert Birnbaum passed away last Friday afternoon.

Robert was a wonderful addition to our firm and we are so grateful to have had the chance to work with him these past years. He was kind and generous with his time. He was incredibly approachable and a steady and calming presence in the office. He was always willing to share his wisdom and experience with everyone at the firm.

Robert was an exceptional attorney, loving husband and father and mentor to all of us. We are lucky to have shared even just a handful of years with him. He will be greatly missed.

Donations and contributions in Robert’s name can be made to Kripplebush-Lyonsville Fire Co. Inc., sent to: 519 Pine Bush Rd, Stone Ridge, NY 12484

Please keep Robert and his family in your thoughts and prayers.

Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $17.25 Million Initial Public Offering of Common Stock of Forza X1, Inc.

forza x1 logo

Press Release – New York, NY – August 16, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC in the initial public offering of the common stock of Forza X1, Inc. (NASDAQ: FRZA), a developer of electric sport boats with a mission of sustainable recreational boating. The offering consisted of 3,450,000 shares of its common stock at a public offering price of $5.00 per share, including 450,000 shares sold upon full exercise of the underwriter’s option to purchase additional shares, for gross proceeds of $17,250,000. 

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Sichenzia Ross Ference LLP Represents Roth Capital Partners in Public Offering of Common Stock of Crown Electrokinetics Corp.

crown electrokinetics logo

Press Release – New York, NY – July 22, 2022 – Sichenzia Ross Ference LLP announced today that it represented Roth Capital Partners, as sole book-running manager, in a $1 million public offering of the common stock of Crown Electrokinetics Corp. (NASDAQ: “CRKN”), a leading smart glass technology company with a patented thin-film solution. The offering consisted of 1,250,000 shares of common stock at a public offering price of $.80 per share.   continue reading >>

Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $8 Million Simultaneous Registered Direct Offering and Private Placement of Securities of Kaspien Holdings Inc. 

kaspien logo

Press Release – New York, NY – July 14, 2022 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp., acting  as the exclusive placement agent, in a registered direct and private placement of the securities of Kaspien Holdings Inc. (NASDAQ: KSPN), an e-commerce marketplace growth platform. The Company issued 638,978 shares of its common stock at a purchase price of $3.13 per share (or pre-funded warrant in lieu thereof) in the registered direct offering. In the coinciding private placement, Kaspien Holdings Inc. has also issued and sold to the investor 1,818,182 shares of common stock at a purchase price of $3.30 per share and warrants to purchase 2,457,160 shares of common stock at an exercise price of $3.13. The aggregate gross proceeds from both the offerings were approximately $8 million. 

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Sichenzia Ross Ference LLP Represents A.G.P./ALLIANCE Global Partners in $10 Million Registered Direct Offering of Common Stock and Warrants of Alpine 4 Holdings, Inc.

alpine 4 logo

Press Release – New York, NY – July 13, 2022 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a $10 million registered direct offering of the common stock and warrants of Alpine 4 Holdings, Inc. (NASDAQ: ALPP) (the “Company”), a leading operator and owner of small market businesses. The offering consisted of the purchase and sale of 14,492,754 shares of the Company’s common stock and warrants to purchase up to 14,492,754 shares of the Company’s common stock at a combined purchase price of $0.69 per one Share and accompanying Warrant.

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Sichenzia Ross Ference LLP Represents Network 1 Financial Securities, Inc. in $20.24 Million Initial Public Offering of Common Stock of Golden Sun Education Group Ltd.

Golden Sun Education Group Ltd.

Press Release – New York, NY – June 24, 2022 – Sichenzia Ross Ference LLP announced today that it represented Network 1 Financial Securities, Inc. as sole underwriter in the initial public offering of the common stock of Golden Sun Education Group Ltd. (NASDAQ: GSUN), a provider of tutorial services in China. The offering consisted of 5,060,000 Class A ordinary shares of its common stock at a public offering price of $4.00 per share, which included 660,000 Class A ordinary shares issued pursuant to the full exercise of the underwriter’s over-allotment option, for gross proceeds of $20,240,000.

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Sichenzia Ross Ference LLP Represents Spartan Capital Securities LLC and Pacific Century Securities LLC in $14.1 Million Initial Public Offering of Common Shares of Lytus Technologies Holdings PTV. Ltd.

Lytus technologies

Press Release – New York, NY – June 22, 2022 – Sichenzia Ross Ference LLP announced today that it represented Spartan Capital Securities as a joint underwriter with Pacific Century Securities, LLC, in the initial public offering of the common shares of Lytus Technologies Holdings PTV. Ltd (NASDAQ: LYT), a platform technology services company. The offering consisted of 2,609,474 shares of its common shares and 391,421 common shares of the fully exercised overallotment option at a public offering price of $4.75 per share, for gross proceeds of $14.1 million.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $10 Million Private Placement of SciSparc Ltd.

scisparc logo

Press Release – New York, NY – June 1, 2022 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as exclusive placement agent in a $10,000,000 private placement offering of SciSparc Ltd. (NASDAQ: SPRC), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system. The offering consisted of 3,546,100 units at a purchase price of $2.82 per unit, priced at-the-market under Nasdaq rules.  Each unit consisted of 1 share of common stock and 2 non-tradable warrants at an exercise price of $2.57.  The gross proceeds from the private placement offering were approximately $10 million.

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Sichenzia Ross Ference LLP Represents The Singing Machine, Inc., in $4 Million Underwritten Public Offering and Uplisting to Nasdaq 

the singing machine logo

Press Release – New York, NY – May 26, 2022 – Sichenzia Ross Ference LLP announced today that it represented The Singing Machine, Inc. (Nasdaq: MICS), the worldwide leader in consumer karaoke products, in an underwritten public offering of 1,000,000 shares of common stock at a price to the public of $4.00 per share. The common shares began trading on the Nasdaq Capital Market on May 24, 2022, under the symbol “MICS”.  The gross proceeds to the company were approximately $4 million. 

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Sichenzia Ross Ference LLP Joins Cyngn Inc. in Ringing Opening Bell at Nasdaq MarketSite

New York, NY – May 11, 2022 – Sichenzia Ross Ference LLP partners Gregory Sichenzia and Marcelle Balcombe joined Cyngn Inc. (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, for today’s opening bell ceremony at Nasdaq MarketSite in Times Square.

Mr. Sichenzia represented Cyngn Inc. in their recent public offering and Nasdaq listing along with partners Marcelle Balcombe and Jeff Cahlon. Click here to view the livestream.

Nasdaq Bell Ringing

Gregory Sichenzia of Sichenzia Ross Ference LLP Quoted in Law360’s “IPO Lawyers See Mild Pickup in an Otherwise Cool Spring”

Press Release – New York, NY – May 4, 2022 – Gregory Sichenzia, Founding Partner of Sichenzia Ross Ference LLP, was quoted in Law360’s article published on May 3, 2022, “IPO Lawyers See Mild Pickup In An Otherwise Cool Spring”, by Tom Zanki:

“Sichenzia Ross Ference partner Greg Sichenzia said valuations and other terms of new offerings have shifted in favor of investors, who can be more selective nowadays.

‘It’s not a seller’s market anymore,’ Sichenzia said. ‘It’s a buyer’s market.  The terms have changed from 12 months ago, or six months ago.’”

Press here to read the full article and more at Law360.  

Sichenzia Ross Ference LLP Represents Cyngn Inc. in $20 Million Private Placement Offering

cyngn logo

Press Release – New York, NY – May 2, 2022 – Sichenzia Ross Ference LLP today announced that it represented Cyngn Inc., a venture capital backed developer of innovative autonomous driving software solutions for industrial and commercial applications (NASDAQ: CYN), in a $20 million private placement.  Previous shareholders of CYN include Benchmark Capital, Andreessen Horowitz and Qualcomm Ventures.  The offering included 6,451,613 units and pre-funded units at a purchase price of $3.10 per unit, priced at-the-market under Nasdaq rules.  Each unit and pre-funded unit consisted of one share of common stock or common stock equivalent, and one non-tradable warrant.  The gross proceeds to the Company from the offering were approximately $20 million.

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Sichenzia Ross Ference LLP Represents Sunshine Biopharma, Inc. in $19.5 Million Private Placement Offering

sunshine biopharma

Press Release – New York, NY – May 1, 2022 – Sichenzia Ross Ference LLP today announced that it represented Sunshine Biopharma, Inc.,  a pharmaceutical company focused on the research, development and commercialization of oncology and antiviral drugs (NASDAQ: SBFM), in a $19.5 million private placement.  The offering included 4,862,845 units and pre-funded units at a purchase price of $4.01 per unit (or $4.009 per pre-funded unit), priced at-the-market under Nasdaq rules.  Each unit and pre-funded unit consisted of one share of common stock or common stock equivalent, and two non-tradable warrants.  The gross proceeds to the Company from the offering were approximately $19.5 million.

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Sichenzia Ross Ference LLP Represents AiAdvertising, Inc. in $10 Million Private Placement Offering

aiadvertising logo

Press Release – New York, NY – March 28, 2022 – Sichenzia Ross Ference LLP today announced that it represented AiAdvertising, Inc., an innovative technology company and leading provider of AI-enabled marketing solutions (OTCM: AIAD), in a $10.0 million purchase agreement with GHS Investments, LLC.  The offering consisted of up to $10.0 million in shares of common stock.  

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Sichenzia Ross Ference LLP Represents Sharps Technology, Inc. in $16 Million Initial Public Offering

Sharps Technology inc.

Press Release – New York, NY – April 19, 2022 – Sichenzia Ross Ference LLP announced today that it represented Sharps Technology, Inc. (Nasdaq: STSS and STSSW), an innovative medical device company offering patented, best-in-class, single use smart safety syringe products, in its initial public offering of 3,750,000 units at a public offering price of $4.25 per unit, each consisting of one share of common stock and two warrants to purchase one share of common stock.  The gross proceeds from the offering were approximately $16 million, before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents Boustead Securities LLC in $22.5 Million Underwritten Public Offering for Genius Group Limited.

geniusgroup logo

Press Release – New York, NY –April 15, 2022 – Sichenzia Ross Ference LLP congratulates Genius Group Limited (“Genius Group” or the “Company”) (NYSE: GNS), a world-leading entrepreneur Edtech and education group, on the final closing of its initial public offering on April 14, 2022. The Company raised $22,581,816 in gross proceeds, before deducting underwriting discounts, commissions and other offering expenses, by issuing 3,763,636 ordinary shares at a public offering price of $6.00 per share. The ordinary shares commenced trading on the NYSE American, effective April 12, 2022, under the symbol “GNS.”

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Sichenzia Ross Ference LLP Launches Fintech & Blockchain Practice

SRF Fintech ane Blockchain

Sichenzia Ross Ference LLP (SRF) is proud to announce the formation of the Fintech & Blockchain Practice Group. This new group will guide clients in matters relating to blockchain technologies and virtual currency.

As an award-winning securities law firm, SRF’s leading reputation in the field extends to a variety of financial and regulatory areas, and continues to grow—always meeting our client’s needs. The Fintech & Blockchain Group will harness our attorneys’ wide-array of expertise to keep our client’s ahead of the curve—guiding them in mitigating legal risk and maximizing economic opportunity as they explore these emerging technologies. 

The group will offer services related to Capital Markets, Regulation, & Compliance, including coin offerings, licensing, and investing in digital assets; Business Counsel, for NFTs, smart contracts, and outside general counsel services; and Litigation & Arbitration, representing clients in partnership disputes and regulator inquiries. 

The lawyers joining SRF in the Fintech & Blockchain Practice are members from the firm’s Corporate Law; Securities Law; and Business Litigation & Arbitration practice groups, including Marc J. Ross, Jennifer Trowbridge, and Emily M. Knight.

The SPAC Conference – June 15 & 16, 2022

Sichenzia Ross Ference - SPAC Conference

Sichenzia Ross Ference is a proud sponsor of The SPAC Conference 2022.  Join us June 15 and 16th at the West Chester Country Club in Rye, NY.

The SPAC Conference brings together the leading investors, sponsors, and bankers. In 2022, we are offering more networking opportunities and an expanded agenda designed to offer technical education for SPAC professionals. To learn more or to register, please click here.

 

 

Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $10 Million Underwritten Public Offering for Tantech Holdings Ltd. 

Tantech logo

Press Release – New York, NY – March 21, 2022 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of Tantech Holdings Ltd (NASDAQ: TANH). The offering included 20,000,000 shares of common stock and prefunded warrants to purchase common shares at a price to the public of $0.50 per share.  The gross proceeds of the offering to the company were approximately $10.0 million.

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Sichenzia Ross Ference LLP Represents Sunshine Biopharma, Inc. in $8 Million Private Placement

sunshine biopharma

Press Release – New York, NY – March 15, 2022 – Sichenzia Ross Ference LLP today announced that it represented Sunshine Biopharma, Inc.,  a pharmaceutical company focused on the research, development and commercialization of oncology and antiviral drugs (NASDAQ: SBFM), in a $8.0 million private placement.  The offering included 2,301,353 shares of common stock together with common warrants to purchase up to 2,301,353 shares of common stock, and 1,302,251 pre-funded warrants, together with common warrants to purchase up to 1,302,251 shares of common stock.  Each share of common stock and accompanying common warrant were sold together at a combined offering price of $2.22, and each pre-funded warrant and accompanying common warrant were sold together at a combined offering price of $2.219.  The common warrants have an exercise price of $2.22 per share.  The gross proceeds to the Company from the offering were approximately $8.0 million.

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Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $9.2 Million Underwritten Public Offering  

Splash Beverage Acquisition

Press Release – New York, NY – February 18, 2022 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in an underwritten public offering. The offering consisted of 2,300,000 shares of common stock at a price to the public of $4.00 per share.  The gross proceeds of the offering to the company were approximately $9.2 million.

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Sichenzia Ross Ference LLP Represents Sunshine Biopharma Inc. in $8 Million Underwritten Public Offering  

sunshine biopharma

Press Release – New York, NY – February 17, 2022 – Sichenzia Ross Ference LLP today announced that it represented Sunshine Biopharma, Inc. (NASDAQ: SBFM), a pharmaceutical company focused on the research, development, and commercialization of oncology and antiviral drugs, in an underwritten public offering. The offering consisted of 1,882,353 units at a price to the public of $4.25 per unit.  Each unit consists of one share of common stock and two warrants.  The gross proceeds of the offering to the company were approximately $8 million.

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Sichenzia Ross Ference LLP Acts as Principal Attorney Liaison for Blue Star Helium Limited on OTCQB Listing

Blue Star Limited Helium

Press Release – New York, NY – February 14, 2022 – Sichenzia Ross Ference LLP announced today that it sponsored Blue Star Helium Limited (OTCQB: “BSNLF”), an Australian helium exploration and development company, for the OTCQB. Sichenzia Ross is a qualified firm responsible for providing guidance on OTCQB requirements and recommending membership.  The Sichenzia Ross team was led by partner Darrin Ocasio.

Sichenzia Ross Ference LLP Represents Murphy Canyon Acquisitions Corp. in $132.25 Million Initial Public Offering and NASDAQ Listing

Murphy Canyon

Press Release – New York, NY – February 10, 2022 – Sichenzia Ross Ference LLP announced today that it represented Murphy Canyon Acquisition Corp. (Nasdaq: MURFU), a newly formed blank check company, with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, in its NASDAQ listing and initial public offering of 13,225,000 units at a public offering price of $10.00 per unit, each consisting of one share of common stock and one redeemable warrant. The gross proceeds from the offering, including the over-allotment option shares, were $132,250,000 before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents Alset Capital Acquisitions Corp. in $86.25 Million Initial Public Offering and NASDAQ Listing

Alset Ehome International

Press Release – New York, NY – February 7, 2022 – Sichenzia Ross Ference LLP announced today that it represented Alset Capital Acquisition Corp. (Nasdaq: ACAXU), a newly formed blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, in its NASDAQ listing and initial public offering of 7,500,000 units at a public offering price of $10.00 per share, each unit including one Class A common stock, one half of one redeemable warrant, and one right to receive one tenth (1/10) of one share of Class A common stock upon consummation of an initial business combination.  The gross proceeds from the offering, including the over-allotment option shares, were $86,250,000 before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents ETAO International Group in $2.5 Billion Definitive Merger Agreement with Mountain Crest Acquisition Corp. III

ETAO International Group

Press Release – New York, NY – February 1, 2022– Sichenzia Ross Ference LLP announced today that it is representing ETAO International Group in a definitive merger agreement with Mountain Crest Acquisition Corp. III (Nasdaq: MCAER), a publicly traded special purpose acquisition company (“SPAC”).  The transaction values ETAO at a pro forma fully diluted enterprise value of approximately $2.5 billion with existing ETAO shareholders rolling over 100% of their equity into equity of the combined company.  Upon completion of the transaction, which is anticipated in the summer of 2022, the combined company will operate as ETAO and securities are expected to be listed on NYSE under the symbol “ETAO”. The transaction includes a $250 million private investment in public equity at $10.00 per share in connection with the business combination transaction. Separately, ETAO has also received commitments through a separate private placement of $51 million.  

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Sichenzia Ross Ference LLP Represents Alliance Global Partners as Financial Advisor in a $5.9 Million Warrant Exercise for ShiftPixy, Inc.

shiftpixy logo

Press Release – New York, NY – January 31, 2022 – Sichenzia Ross Ference LLP today announced that it represented Alliance Global Partners (AGP), as the financial advisor for the warrant exercise for ShiftPixy, Inc. (NASDAQ: PIXY).  The Warrant Exercise Agreement consisted of 4,948,453 warrants exercised to common stock at a price per share of $1.20 for the holder, and the issuance of a new warrant to purchase up to 9,896,906 shares with an exercise price per share of $1.55.  The gross proceeds from the cash exercise were approximately $5.9 million.

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Sichenzia Ross Ference LLP Represents Boustead Securities, LLC as Underwriter to MAINZ BIOMED N.V. in $25.875 Million U.S. Follow-On Public Offering

mainz biomed

Press Release – New York, NY – January 28, 2022 – Sichenzia Ross Ference LLP congratulates MAINZ BIOMED N.V. (the “Company”) (NASDAQ: MYNZ ), a molecular genetics diagnostic company specializing in the early detection of cancer, on the final closing of its follow-on public offering on  January 28, 2022.

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Sichenzia Ross Ference LLP Announces Over 80 Capital Markets Transactions Valued Over $2 Billion at the Closing of 2021

securities law firm

Press Release – New York, NY – January 17, 2022 — Sichenzia Ross Ference LLP today announced that in 2021 it closed more than 80 capital markets transactions, ranging from less than $4 million to $200 million. These transactions on behalf of both issuers and underwriters included initial public offerings, secondary public offerings, registered direct offerings and private placements. The total value of these transactions exceeded $2 billion.

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Sichenzia Ross Ference LLP Adds Two Key Additions to its Corporate and Securities Law Team

Two new corporate and securities lawyers

Press Release – New York, NY – January 12, 2022 – Sichenzia Ross Ference LLP, a leading full service law firm, announced today Jennifer Trowbridge and Raquel Vazquez have joined the firm’s corporate and securities practice.

Jennifer Trowbridge joins SRF as Counsel, practicing corporate securities, corporate finance, and corporate transactions as well as general corporate governance for both private and publicly traded companies. She assists clients with private and public offerings (Regulation D, Reg A+, etc.), registration of securities (Forms S-1, S-8, etc.), mergers, acquisitions, stock and asset purchases and periodic filing compliance (Forms 10-K, 10-Q, 8-K, etc.) and more.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $9.8 Million Underwritten Offering of BiondVax Pharmaceuticals Ltd.

biondvax pharmaceuticals

Press Release – New York, NY – December 30, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV). The offering included 4,144,068 American Depositary Shares (“ADSs”) sold to the public at $2.36 per ADS.  The gross proceeds of the offering to the company were approximately $9.8 million.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $25 Million Initial Public Offering for Cingulate, Inc.

Cingulate

Press Release – New York, NY – December 13, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an initial public offering of Cingulate Inc. (NASDAQ: CING). The offering included 4,166,666 shares of common stock, at a price to the public of $6.00 per Share.   The gross proceeds of the offering to the company were approximately $25 million.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $77 Million Public Offering for Nisun International

Nisun International Enterprise Development Group

Press Release – New York, NY – December 16, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN). The offering included 19,250,000 Class A common shares and pre-funded warrants to purchase Class A common shares at a price to the public of $4.00 per Share.   The gross proceeds of the offering to the company were approximately $77 million.

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Sichenzia Ross Ference LLP Represents Relmada Therapeutics, Inc. in $172.5 Million Upsized Public Offering Underwritten by Goldman Sachs and Jefferies

relmada therapeutics logo

Press Release – New York, NY – December 14, 2021 – Sichenzia Ross Ference LLP today announced that it represented Relmada Therapeutics, Inc. (NASDAQ: RLMD), a late-stage biotechnology company addressing diseases of the central nervous system, in an upsized underwritten public offering. The offering, including the full exercise of the overallotment, consisted of 10,147,059 shares of common stock at a price to the public of $17.00 per share.  The gross proceeds of the offering to the company were approximately $172.5 million.

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MJDS Allows Canadian Issuers Easy Access to the U.S. Capital Markets 

Overview

The Multijurisdictional Disclosure System (“MJDS”) adopted by the Securities and Exchange Commission (the “SEC”) and the Canadian Securities Administrators provides Canadian issuers a streamlined opportunity to more easily gain access to U.S.  Capital Markets for both financing needs and other strategic reasons, including the opportunity for Canadian issuers to be listed on a U.S. securities exchanges such as the Nasdaq Stock Market (“NASDAQ”) or New York Stock Exchange (“NYSE”). 

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $13.7 Million Underwritten Public Offering for Tantech Holdings Ltd. 

Tantech Holdings Ltd.

Press Release – New York, NY – December 9, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of Tantech Holdings Ltd (NASDAQ: TANH). The offering included 21,120,509 shares of common stock, at a price to the public of $0.65 per Share.   The gross proceeds of the offering to the company were approximately $13.7 million.

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Sichenzia Ross Ference LLP Represents Alset EHome International Inc. in $30.0 Million Underwritten Public Offering  

Alset Ehome International

Press Release – New York, NY – December 9, 2021 – Sichenzia Ross Ference LLP today announced that it represented Alset EHome International Inc. (NASDAQ: AEI), a diversified holdings company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities sand consumer products, in an underwritten public offering. The offering consisted of shares of common stock and pre-funded warrants at a price to the public of $0.60 per share and $0.599 per pre-funded warrant.  The gross proceeds of the offering to the company were approximately $30 million.

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Sichenzia Ross Ference LLP Represents mCloud Technologies Corp., a Canadian Public Company,  in $9.5 Million Underwritten Public Offering Made under the MJDS in the US and Uplisting to Nasdaq 

mcoud logo

Press Release – New York, NY – November 30, 2021 – Sichenzia Ross Ference LLP announced today that it represented mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV:  MCLD), a leading provider of AI-powered asset management and Environmental, Social, and Governance solutions, in an underwritten public offering of 2,100,000 units.  Each unit was priced at a public offering price of $4.50 per unit, each consisting of one common share and one warrant to purchase one common share at an exercise price of $4.75. Additionally, the Company granted the underwriters a 45-day option to purchase up to an additional 315,000 common shares and/or an additional 315,000 warrants  to cover over-allotments. The common shares began trading on the The Nasdaq Capital Market on November 24, 2021, under the symbol “MCLD”.  The gross proceeds were approximately $9.5 million. 

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Sichenzia Ross Ference LLP Represents A.G.P./Alliance Global Partners as Sole Placement Agent in $24M Registered Direct Offering of Alpine 4 Holdings, Inc. 

alpine 4 logo

Press Release – New York, NY – November 29, 2021– Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a registered direct offering (the “Offering”) of Alpine 4 Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of small market businesses. The Offering consisted of 8,571,430 shares of the Company’s common stock and warrants to purchase 4,284,715 shares of the Company’s common stock at a combined purchase price of $2.80 per one Share and accompanying one-half Warrant pursuant to a registered direct offering.  The Warrants will have an exercise price of $3.10 per share, will be exercisable immediately, and will expire five years following the issuance date. 

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Sichenzia Ross Ference LLP Represents Good Gaming, Inc. in $3.1 Million Private Placement Offering

good gaming inc. logo

Press Release – New York, NY – November 18, 2021 – Sichenzia Ross Ference LLP today announced that it represented Good Gaming, Inc.,  a gaming brand offering collaborative spaces for gamers and the developer of MicroBuddies (OTCQB: GMER), in a $3.1 million private placement.  The offering included 20,733,337 shares of its common stock (and common stock equivalents) and warrants to purchase 20,733,337 shares of common stock with a combined purchase price for one share of common stock and a warrant to purchase one share of common stock of $0.15.  The warrants have an exercise price of $0.20 per share.  The gross proceeds to the Company from the offering are estimated to be approximately $3.1 million.

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The Growing Risk of Website Accessibility Litigation and How to Protect Your Business Against It

Sichenzia Ross Ference LLP is aware of a growing trend in the law – the pursuit of Web Accessibility Litigation.  This type of litigation involves lawsuits alleging that a business’ website denies access to consumers with disability (such as blindness or deafness), in violation of the American with Disabilities Act (“ADA”) or similar local statutes.

In 2018, the number of federally-filed lawsuits of this nature skyrocketed to 2,285, up from 815 in the year prior, and in 2019, Web Accessibility lawsuits increased 51.% over the prior year’s comparable six-month period.

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Sichenzia Ross Ference LLP Represents Boustead Securities, LLC as Underwriter to MAINZ BIOMED B.V. in $11.5 Million U.S. Initial Public Offering

mainz biomed

Press Release – New York, NY – November 11, 2021 – Sichenzia Ross Ference LLP congratulates MAINZ BIOMED B.V. (the “Company”) (NASDAQ: MYNZ ), a molecular genetics diagnostic company specializing in the early detection of cancer, on the final closing of its initial public offering on November 9, 2021. The Company raised $11.5 million in gross proceeds, before deducting underwriting discounts, commissions and other offering expenses, by issuing 2,300,000 common shares at a public offering price of $5.00 per share. The ordinary shares commenced trading on the Nasdaq Capital Market on November 5, 2021 under the ticker symbol “MYNZ”.

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Partner Andrew M.J. Bernstein to Present White-Collar Criminal Defense CLE for New York State Bar Association

Press Release – November 10, 2021 – Andrew M. J. Bernstein, partner and leader of Sichenzia Ross Ference LLP’s White-Collar Defense and Investigations practice, will present for the New York State Bar Association (NYSBA) “White-Collar Criminal Defense Litigation Update 2021” a virtual CLE on Friday November 12, 2021 at 12:00 PM. 

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Sichenzia Ross Ference LLP Represents The Glimpse Group, Inc. in $15 Million Private Placement Financing

The glimpse group

Press Release – New York, NY – November 3, 2021 – Sichenzia Ross Ference LLP today announced that it represented The Glimpse Group, Inc., a Virtual (“VR”) and Augmented Reality (“AR”) platform company offering enterprise-focused software, services and solutions (NASDAQ: VRAR), in a $15 million private placement.  The gross proceeds to the Company from the offering are estimated to be approximately $13.7 million after expenses.

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Sichenzia Ross Ference LLP Represents VC-backed Cyngn, Inc. in $26.3 Million Initial Public Offering 

cyngn logo

Press Release – New York, NY – October 25, 2021 – Sichenzia Ross Ference LLP announced today that it represented Cyngn, Inc., (NASDAQ: CYN) a venture capital backed developer of innovative autonomous driving software solutions for industrial and commercial enterprises, in its initial public offering.  The offering consisted of 3,500,000 shares of its common stock at a public offering price of $7.50 per share, for gross proceeds of $26,300,000.  Previous shareholders of CYN include Benchmark Capital, Andreessen Horowitz and Qualcomm Ventures.

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Sichenzia Ross Ference LLP Represents Parsec Capital Acquisition Corp. in $86.3 Million Initial Public Offering

parsec capital acquisitions corp. logo

Press Release – New York, NY –  October 11, 2021 – Sichenzia Ross Ference LLP announced today that it represented Parsec Capital Acquisition Corp. (NASDAQ: PCXCU) in its initial public offering.  PCXCU is a Special Purpose Acquisition Company pursuing companies that lead in emerging and transformational technologies for the aerospace and defense sector.  The Parsec Management team is led by Patricia Trompeter, former Chief Financial Officer at GE Capital with an All-Star board including:

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Sichenzia Ross Ference LLP Joins Biotricity in Ringing Opening Bell at Nasdaq MarketSite

New York, NY – October 7, 2021 – Sichenzia Ross Ference LLP partners Gregory Sichenzia and David Manno joined Biotricity (NASDAQ: BTCY), a medical diagnostic and consumer healthcare technology company, for today’s opening bell ceremony at Nasdaq MarketSite in Times Square. 

Mr. Sichenzia and Mr. Manno represented Biotricity in their recent public offering and Nasdaq listing along with partner Marcelle Balcombe, and associates Rajiv Radia and Ryan Houseal.

Sichenzia Ross Ference LLP Represents American Battery Technology Company in $39.1 Million Financing

Press Release – New York, NY – October 4, 2021 – Sichenzia Ross Ference LLP today announced that it represented American Battery Technology Corporation (OTCQB: ABML), an American-owned critical minerals company currently building the first non-thermal integrated lithium-ion battery recycling plant in the United States, in a $39.1 million financing.  The offering consisted of $39.1 million in securities with an aggregate of 25,389,611 shares of common stock and warrants at a purchase price of $1.54 per share in a registered direct offering.

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Sichenzia Ross Ference LLP Represents Borqs Technologies, Inc. in $27 Million Private Placement

Borqs Technologies

Press Release – New York, NY – September 23, 2021 – Sichenzia Ross Ference LLP today announced that it represented Borqs Technologies, Inc.  (Nasdaq: BRQS) in a $27 million private placement.  The offering consisted of convertible notes and warrants.  One-half of the notes were issued at the execution of definitive agreements and the other one-half of the notes will be issued upon the satisfaction of certain conditions, including effectiveness of a resale registration statement to be filed by the Company.  

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp in $15 Million Registered Direct Offering of Molecular Data Inc.

Molecular Data Inc. Logo

Press Release – New York, NY – September 22, 2021 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp. as exclusive placement agent in a $15 million registered direct offering of Molecular Data Inc. (NASDAQ: “MKD”) a leading technology-driven platform in China’s chemical industry. The registered direct offering consisted of the purchase and sale of common units, consisting of one American Depositary Share, each representing three of its Class A ordinary shares, and one warrant to purchase one ADS, and pre-funded units consisting of one pre-funded warrant to purchase one ADS and one warrant to purchase one ADS.  The gross proceeds of the offering were approximately $15 million.  

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Sichenzia Ross Ference LLP Represents EzFill in $28.75 Million Initial Public Offering and NASDAQ Listing

EzFill Logo

Press Release – New York, NY – September 20, 2021 – Sichenzia Ross Ference LLP announced today that it represented EZFill Holdings, Inc., an emerging leader in the fast-growing on-demand mobile fuel industry, in its NASDAQ listing and initial public offering of 7,187,500 shares of common stock at a public offering price of $4.00 per share, including 937,500 shares sold upon full exercise of the underwriter’s option to purchase additional shares.  The gross proceeds from the offering, including the over-allotment option shares, were $28,750,000 before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $81 Million Underwritten Public Offering for Farmmi, Inc. 

Farmmi

Press Release – New York, NY – September 15, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering for Farmmi, Inc. (NASDAQ: FAMI). The offering included 388,261,717 ordinary shares and pre-funded warrants to purchase ordinary shares.  The gross proceeds of the offering to the company were approximately $81 million.

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Sichenzia Ross Ference LLP Secures Deferred Prosecution Agreement for Client Under Federal Indictment in the Southern District of New York

Press Release – New York, New York – September 13, 2021 – Sichenzia Ross Ference LLP (“SRF”) announced today that last month its client, a member of the health care sector, entered into a Deferred Prosecution Agreement (“DPA”) with the United States Attorney’s Office for the Southern District of New York, which should result in a full dismissal of all currently pending criminal charges.

The client was charged in a sweeping multi-defendant, multi-count indictment which included allegations of soliciting bribes by an agent of a federally funded organization and conspiracy to commit bribery. SRF Partner and leader of its White-Collar Criminal Defense and Investigations Practice, Andrew M. J. Bernstein successfully persuaded federal prosecutors to allow the client to enter into a DPA that is expected to result in a full dismissal of all charges sometime in quarter one of 2022. 

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Document Security Systems, Inc. Completes a $40 Million Investment in American Pacific Bancorp

document security systems logo

Press Release – New York, NY – September 9, 2021 – Document Security Systems, Inc. (NYSE American: DSS), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, finalized an investment in American Pacific Bancorp, Inc. (“APB”), through a $40 million subscription agreement.  Pursuant to the subscription agreement, APB will issue 6,666,7000 shares of its common stock to DSS.  APB is a bank holding company, focused on the lending business and acquiring equity positions of commercial banks in the United States. 

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Sichenzia Ross Ference Partner Andrew M.J. Bernstein’s CLE on Grand Jury Practice Chosen for NYSBA Video Replay Series

During the month of September, the New York State Bar Association (“NYSBA”) will be doing a series of video replays of its most popular virtual CLEs. Partner and leader of Sichenzia Ross Ference LLP’s White-Collar Defense and Investigations practice, Andrew M. J. Bernstein’s successful and highly rated presentation titled “Grand Jury Practice for Criminal Defense Attorneys in New York State” will be featured online again on Tuesday September 14, 2021 at 12:00 PM.

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Sichenzia Ross Ference LLP Represents A.G.P./ Alliance Global Partners as Placement Agent in $12 Million Private Placement of ShiftPixy, Inc.

shiftpixy logo

Press Release – New York, NY – September 9, 2021 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a private placement of ShiftPixy, Inc., with a large institutional investor.  The offering consisted of (i) 2,850,000 shares of its common stock together with warrants to purchase up to 2,320,000 shares of common stock, and (ii) 4,670,000 pre-funded warrants with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase up to 4,670,000 shares of common stock. Each share of common stock and accompanying common warrant were sold together at a combined offering price of $1.595, and each pre-funded warrant and accompanying common warrant were sold together at a combined offering price of $1.5949. The gross proceeds of the offering were approximately $12 million.

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Document Security Systems, Inc. Receives a $15 Million Investment from Alset EHome International, Inc. 

document security systems logo

Press Release – New York, NY – September 8, 2021 – Document Security Systems, Inc. (NYSE American: DSS), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, finalized a $15 million investment from Alset EHome International, Inc. (Nasdaq: AEI). DSS will issue 12,155,591 shares of common stock for an aggregate amount of approximately $15 million. AEI is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products.  

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Sichenzia Ross Ference LLP Congratulates OMNIQ Corp., on NASDAQ Up-listing

New York, NY – September 2, 2021 –   Sichenzia Ross Ference LLP congratulates our longtime client OMNIQ Corp. (NASDAQ: OMQS), on the Company’s up-listing to the NASDAQ Capital Market.  OMNIQ is a provider of object identification, automation and Artificial Intelligence (AI)-based solutions, to the Supply Chain Automation, Traffic Management, Public Safety, Public Health, retail and Safe City markets. The Sichenzia Ross Ference LLP team was led by Arthur Marcus and awaiting admission, Zach Weiss.  The up-listing is effective for trading on Thursday, September 2, 2021, and OMQS’ common stock will trade under the stock symbol, “OMQS.”

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Sichenzia Ross Ference LLP Represents H.C. Wainwright in $2 Million Registered Direct Offering of HealthLynked

HealthLynked logo

Press Release – New York, NY – September 1, 2021 – Sichenzia Ross Ference LLP announced today that it represented H.C. Wainwright & Co., LLC as exclusive placement agent in a $2 million registered direct offering of common stock of HealthLynked, Corp. (NASDAQ: “HLYK”), a global healthcare network focused on care management of its members and a provider of healthcare technologies that connects doctors, patients, and medical data. The registered direct offering consisted of the sale of 3,703,704 shares of common stock at a purchase price of $0.54 per share. In a concurrent private placement, HealthLynked issued to the investor in the offering unregistered warrants to purchase up to an aggregate of 1,851,852 shares of common stock at an exercise price of $0.65 per share.

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Sichenzia Ross Ference LLP Represents Biotricity in $15.15 Million Underwritten Public Offering and NASDAQ Uplisting

biotricity logo

Press Release – New York, NY – August 31, 2021 – Sichenzia Ross Ference LLP today announced that it represented Biotricity, Inc. (NASDAQ: BTCY), a medical diagnostic and consumer healthcare technology company, in an underwritten public offering. The offering consisted of 5,000,000 shares (the “Shares”) of common stock, par value $0.001 per share (the “Common Stock”), at a price to the public of $3.00 per Share. The gross proceeds of the offering to the company were approximately $15.15 million including a partial exercise of the overallotment option.

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Gregory Sichenzia Recognized in Best Lawyers in America® 28th Edition in the Practice Area of Corporate Law

NEW YORK, Aug. 30, 2021 – Sichenzia Ross Ference LLP is proud to announce that Founding Partner, Gregory Sichenzia, has been included in the 2022 edition of The Best Lawyers in America® for a 7th consecutive year.  Mr. Sichenzia is recognized for his high caliber work in the practice area of Corporate Law.  His annual inclusion in The Best Lawyers in America® since 2016 is a testament to his rigorous commitment to servicing the needs of public and private companies, their financiers and the broker-dealer and financial services community in New York and around the world.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp in $5.33 Million Private Placement Offering of Basanite, Inc.

basanite industries logo

Press Release – New York, NY – August 19, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp as exclusive placement agent in a $5.33 million private placement offering of Basanite, Inc. (OTCQB: BASA), a manufacturer and market developer of environmentally friendly, high-performance composite products made from Basalt fiber for use in construction.  In connection with the offering, the company issued 19,398,144 units consisting of 1 common share and 2 Warrants, each to purchase 1 common share for a total of 38,796,288 shares underlying the Warrants.  No actual units were issued in the offering.  The gross proceeds from the private placement offering were approximately $5.33 million.

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Sichenzia Ross Ference LLP Represents H.C. Wainwright in $20.0 Million Registered Direct Offering of Ecoark Holdings

eco ark

Press Release – New York, NY – August, 10 2021 – Sichenzia Ross Ference LLP announced today that it represented H.C. Wainwright & Co., LLC as exclusive placement agent in a $20.0 million registered direct offering of common stock and warrants of Ecoark Holdings, Inc. (NASDAQ: “ZEST”), a diversified holding company. The registered direct offering consisted of the sale of an aggregate of 3,478,261 shares of common stock and warrants to purchase up to an aggregate of 3,478,261 shares of common stock at a purchase price of $5.75 per share of common stock and related warrant.

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Sichenzia Ross Ference LLP Represents Alset EHome International Inc. in $32 Million Underwritten Public Offering

Alset Ehome International

Press Release – New York, NY – August 2, 2021 – Sichenzia Ross Ference LLP today announced that it represented Alset EHome International Inc. (NASDAQ: AEI), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, in an underwritten public offering. The offering consisted of 5,324,139 shares (the “Shares”) of common stock, par value $0.001 per share (the “Common Stock”), at a price to the public of $2.21 per Share, and pre-funded warrants to purchase 9,770,200 shares of the Common Stock at a price of $2.11 per pre-funded warrant.  The gross proceeds of the offering to the company were approximately $32 million.

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Sichenzia Ross Ference LLP Represents H.C. Wainwright & Co. in $2.0 Million Private Placement of International Land Alliance, Inc.

international land alliance logo

Press Release – New York, NY – July 30, 2021 – Sichenzia Ross Ference LLP today announced that it represented H.C. Wainwright & Co., LLC as exclusive placement agent in a $2,000,000 private placement offering of International Land Alliance, Inc. (OTCQB: ILAL), an international land investment and development firm.  The offering consisted of warrants to purchase up to 3,000,000 shares of common stock with an exercise price of $0.68 per share, immediately exercisable and will expire five and one half years from the issuance date.  The gross proceeds from the private placement offering were approximately $2,000,000.

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Sichenzia Ross Ference LLP Represents Jupiter Wellness, Inc. in $32.5 Million Underwritten Public Offering of Common Stock and Warrants

jupiter wellness

Press Release – New York, NY – July 27, 2021 – Sichenzia Ross Ference LLP today announced that it represented Jupiter Wellness, Inc. (NASDAQ: JUPW), a leading developer of CBD based skin care therapeutics and treatments, in an underwritten public offering. The offering consisted of 11,066,258 shares (the “Company Offering Shares”) of common stock, (“Common Stock”) to be issued by the Company, 540,884 shares (the “Selling Stockholder Shares”) of Common Stock to be issued by certain selling stockholders (the “Selling Stockholders”) of the Company and warrants (the “Company Warrants”) to purchase up to 11,607,142 shares of Common Stock, at a price to the public of $2.79 per Company Offering Share/Selling Stockholder Share and $0.01 per Company Warrant. The Company Warrants will be exercisable immediately upon issuance with the exercise price of $2.79 per share and will expire on the fifth anniversary of the original issuance date. The gross proceeds of the offering to the Company were approximately $31.0 million and $1.5 million to the Selling Stockholders.  

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Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $18.0 Million Initial Public Offering of Common Stock of Twin Vee PowerCats Co.

twin vee powercats

Press Release – New York, NY – July 26, 2021 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity, a division of Fordham Financial Management, as sole underwriter in the initial public offering of the common stock of Twin Vee PowerCats Co. (NASDAQ: VEEE), a designer, manufacturer and marketer of recreational and commercial power catamaran boats. The offering consisted of 3,000,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of $18,000,000.

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Sichenzia Ross Ference LLP Represents Aegis Capital in $16.0 Million Initial Public Offering of Inspira Technologies OXY B.H.N. Ltd

Inspira logo

Press Release – New York, NY – July 19, 2021 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp. as sole book runner in the initial public offering of 2,909,091 units of Inspira Technologies OXY B.H.N. Ltd (the Company), an Israeli specialty medical device company engaged in the research, development, manufacture, and marketing of proprietary respiratory support technology. The offering was priced at $5.51 per unit, each consisting of one ordinary share and one warrant to purchase one ordinary share, with an initial exercise price of $5.50 per share. The ordinary shares and warrants are trading on NASDAQ under the symbols “IINN” and “IINNW”, respectively.

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Partner Andrew M.J. Bernstein To Present Upcoming CLE “White-Collar Criminal Defense Litigation Update” for Lawline

In 2021, there has been a change in the White House, the make-up of Congress, and in leadership roles at the DOJ, SEC, and other criminal and regulatory enforcement bodies. Coupled with a new Supreme Court composition and the fallout from pandemic era-related frauds, the white-collar defense landscape is ever changing.

In another collaboration with Lawline’s virtual CLEs, Andrew M. J. Bernstein, Partner and leader of Sichenzia Ross Ference LLP’s White-Collar Defense and Investigations practice, will be presenting “White-Collar Criminal Defense Litigation Update” on Thursday July 22, 2021 at 12:30 PM (EST). 

The course will offer a recap on the important developments for the first and second quarters of 2021 and offer insights on how to defend clients against common pandemic era allegations and advise clients on how to avoid the extra scrutiny brought on by pandemic-related enforcement. 

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Sichenzia Ross Ference LLP Represents Inmune Bio, Inc. in a $40.0 Million Registered Direct Offering

inmunebio logo

Press Release – New York, New York – July 16, 2021 – Sichenzia Ross Ference LLP announced today that it represented Inmune Bio, Inc. (Nasdaq: INMB), a clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, in a registered direct offering of common stock at a purchase price of $22.00 per share with two institutional investor. The gross proceeds from the offering were $40.0 million.

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Sichenzia Ross Ference LLP Represents OMNIQ Corp. in $14.99 Million Private Placement 

omniq logo

Press Release – New York, New York – July 15, 2021 – Sichenzia Ross Ference LLP announced today that it represented OMNIQ Corp.  (OTCQB: OMQS), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, in a private placement offering with institutional and accredited investors. The offering consisted of 2,142,857 shares of common stock at a price of $7.00 per share. The gross proceeds were approximately $15.0 million.

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Sichenzia Ross Ference LLP Represents The Glimpse Group in $14.1 Million Initial Public Offering of Common Stock and Full Exercise of Underwriter’s Over-Allotment Option

The glimpse group

Press Release – New York, NY – July 12, 2021 – Sichenzia Ross Ference LLP today announced that it represented The Glimpse Group (NASDAQ: VRAR) (Company), a diversified Virtual Reality and Augmented Reality (“VR” and “AR”) platform company providing enterprise-focused VR and AR software & services solutions, in an initial public offering of 2,012,500 shares of common stock, which included the full exercise of the underwriter’s over-allotment option. The offering was priced at $7.00 per share. The gross proceeds were approximately $14.1 million.

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Sichenzia Ross Ference LLP Congratulates and Joins KULR Technology Group Inc. During NYSE Closing Bell Ringing Ceremony

kulr logo

New York, NY – July 7, 2021 Sichenzia Ross Ference LLP today congratulated KULR (NYSE American: KULR) on its milestone of ringing the Closing Bell at the New York Stock Exchange. KULR will be joined by SRF Partner Jay Yamamoto during its bell ringing ceremony on the afternoon of July 9, 2021, viewable live on CNBC and the NYSE Bell Website. 

In May, Sichenzia Ross Ference represented KULR Technology in a $6.5 million registered direct offering. Click here to learn more.

Sichenzia Ross Ference LLP Represents Document Security Systems, Inc. in $50 Million Public Offering of Common Stock Including Exercise of the Over-Allotment 

document security systems logo

Press Release – New York, NY – June 17, 2021 – Sichenzia Ross Ference LLP today announced that it represented Document Security Systems, Inc. (NYSE American: DSS) (Company), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, in a public offering of 29,000,000 shares of the Company’s common stock and 4,350,000 additional shares from the exercise of the underwriter’s option at the public offering price of $1.50 per share. The gross proceeds were approximately $50.025 million. 

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Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $15.0 Million Public Offering and Uplisting to NYSE American

Splash Beverage Acquisition

Press Release – New York, NY – June 16, 2021 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in a public offering of 3,750,000 shares of common stock and warrants to purchase up to 3,750,000 shares of common stock.  The offering was priced at a public offering price of $4.00 per share and accompanying warrant. Each warrant is exercisable at a price of $4.60 per share and will expire five years from issuance. Additionally, the Company granted the underwriters a 45-day option to purchase up to an additional 562,500 shares of common stock and warrants to purchase up to 562,500 shares of common stock. The common stock and warrants began trading on the NYSE American on June 11, 2021, under the symbols “SBEV” and “SBEV WS,” respectively. The gross proceeds were approximately $15.0 million. 

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Sichenzia Ross Ference Welcomes Back Marcelle Balcombe as Partner

Press Release – New York, NY – June 1, 2021 – Sichenzia Ross Ference LLP, a leading securities and corporate law firm, announced today that a member of our firm for 15 years and an integral part of our securities practice group has returned to the firmwhere she will continue to provide high quality legal services to her clients.

Please reach out to her at mbalcombe@srf.law to welcome her back. continue reading >>

Sichenzia Ross Ference LLP Adds Former SEC Staff Attorney Ryan Houseal as Corporate & Securities Associate

Press Release – New York, NY – June 11, 2021 – Sichenzia Ross Ference LLP, a leading securities and corporate law firm, announced today that Ryan Houseal will join the firm as an Associate in the firm’s Corporate and Securities practice. 

Mr. Houseal started his legal career as an associate at Jones Day in New York City before becoming an Attorney-Advisor/Staff Attorney with the U.S. SEC, Division of Corporate Finance in Washington, D.C for six years. Mr. Houseal is an experienced, ambitious, well-rounded attorney with tremendous experience in both periodic reporting and public and private offerings of publicly traded companies. In addition, Mr. Houseal has significant experience executing corporate transactions by working with teams on acquisitions, mergers, divestitures, equity investments, joint ventures and more. 

Mr. Houseal holds a B.A. in Political Science and Legal Studies from City College of New York of The City University of New York, and a law degree from the University of Michigan. continue reading >>

Sichenzia Ross Ference LLP Represents Red Light Holland Corp. in the $3.2 million Acquisition of Radix Motion Inc. 

Red Light Holland

Press Release – New York, NY – June 9, 2021 – Sichenzia Ross Ference LLP announced today that it has represented Red Light Holland Corp. (“Red Light” CSE:TRUFF) and its wholly owned subsidiary, Red Light Acquisition Inc. (“Red Light US“), in its acquisition of Radix Motion Inc. (Radix Motion), a technology and innovation company focused on empowering the psychedelic ecosystem with embodied technology, including augmented reality, virtual reality, and interactive holograms. 

The acquisition was completed pursuant to the terms of the definitive agreement dated June 7, 2021, pursuant to which Red Light US acquired all of the issued and outstanding shares of Radix Motion for approximately US$3.2 Million. The consideration was comprised of: (i) 12,701,741 common shares of Red Light (the “Red Light Shares“), having an aggregate value of US$3,195,406 with each Red Light Share priced at the 10-day volume weighted average price of the Red Light Shares on the Canadian Securities Exchange immediately prior to the closing of the Acquisition; and (ii) US$67,413.05 in cash.  continue reading >>

Sichenzia Ross Ference LLP Represents BriaCell Therapeutics Corp. in $27.2 Million Private Placement 

briacell therapeutics

Press Release – New York, New York – June 8, 2021 – Sichenzia Ross Ference LLP announced today that it represented BriaCell Therapeutics Corp. (NASDAQ: BCTX), a clinical-stage biotechnology company specializing in targeted immunotherapies for advanced breast cancer, in a private placement offering. The offering consisted of (i) 4,370,343 common shares at a purchase price of US$5.26, (ii) 800,000 pre-funded common share purchase warrants at a purchase price of US$5.25 (exercisable at any time after the date of issuance at an exercise price of US$0.01 per common share) and (iii) 5,170,343 warrants to purchase up to 5,170,343 common shares. The gross proceeds were approximately $27.2 million.

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Sichenzia Ross Ference LLP Represents A.G.P./ Alliance Global Partners as Placement Agent in $20 Million Registered Direct Offering of ENGlobal Corporation

ENGlobal

Press Release – New York, NY – June 9, 2021 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a registered direct offering of 7,142,859 shares of common stock of ENGlobal Corporation (NASDAQ:ENG), a leading provider of complete project solutions for renewable and traditional energy. The offering price was $ 2.80 per share for gross proceeds of $20 million.

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Sichenzia Ross Ference LLP Represents KULR Technology Group, Inc. in $6.5 Million Registered Direct Offering 

kulr logo

Press Release – New York, NY – May 27, 2021 – Sichenzia Ross Ference LLP announced today that it represented KULR Technology Group, Inc. (OTCQB: KULR) (Company), in a registered direct offering with a single institutional investor that purchased 650 shares of Preferred Stock that are convertible into shares of the Company’s common stock at a fixed price of $2.05 per share, Warrants to purchase up to 2,600,000 shares of common stock at an exercise price of $2.50 per share, and 1,300,000 shares of common stock as a commitment fee. The gross proceeds for the offering were $6.5 million.

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Sichenzia Ross Ference LLP Represents Boustead Securities, LLC as Underwriter to Jiuzi Holdings Inc. $26 Million U.S. Initial Public Offering

Jiuzi Holdings Inc. logo

Press Release – New York, NY – May 24, 2021 – Sichenzia Ross Ference LLP congratulates Jiuzi Holdings Inc. (the “Company”) (NASDAQ: JZXN), a new energy vehicles franchisor and retailer under the brand name “Jiuzi” in China, on the final closing of its initial public offering on May 20, 2021. The Company raised $26 million in gross proceeds, before deducting underwriting discounts, commissions and other offering expenses, by issuing 5,200,000 ordinary shares at a public offering price of $5.00 per share. The ordinary shares commenced trading on the Nasdaq Capital Market on May 18, 2021 under the ticker symbol “JZXN.”

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Sichenzia Ross Ference LLP Represents Document Security Systems, Inc. in the Sale of DSS Digital, Inc.

document security systems logo

Press Release – New York, NY – May 21, 2021 – Sichenzia Ross Ference LLP today announced that it represented Document Security System, Inc. (NYSE: DSS), a  multinational company operating businesses in blockchain security, direct marketing, healthcare, consumer packaging, real estate, renewable energy, and securitized digital assets, in a sale with Proof Authentication Corporation (Proof). DSS and Proof signed a purchase agreement pursuant to which Proof acquired 100% of the outstanding shares of DSS Digital, Inc., a wholly-owned subsidiary of the Company and a leader in innovative anti-counterfeit, authentication, and brand protection solutions. 

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